Insurers still base auto insurance base rates on pure premium or loss costs; however traditional rating plans are changing. Which one of the following is a newly emerging basis on which insurers can calculate rate relativities?
Actual vehicle usage |
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Territory in which the car is garaged |
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Coverage limits and deductibles |
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Horsepower and value |
c) Coverage limits and deductibles like Zero depreciation , 3rd party.
Please give positive rating,If you satisfied.
Thanks.
Insurers still base auto insurance base rates on pure premium or loss costs; however traditional rating...
Answer critical analysis questions. ISSUES AND APPLICATIONS Private or Public Auto Insurance: What is Best for Canada? Concepts Applied: Capitalist, Command, and Mixed Systems; Productive Efficiency, Allocative Efficiency; and Equity t the cost of he codents a How does t In response to public outrage over styrocketing car insurance premiums, the consumers' Association of a completed a comprehensive report on auto insurance rates in Canada September 2003 in presenting the report the association noted that government-owned or public auto insurance...
A homeowners' policy will typically pay up to $500 per plant that is damaged by a covered peril. This is an example of: an aggregate dollar limit an open perils dollar limit C. a specific dollar limit a mixed dollar limit none of the above e. You purchase an annuity for which you will make one payment of $15,000 on your 50 birthday. The annuity will start paying you $400 a month on your 67" birthday until you die. What...
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